An estimated S$162 billion in vessels and cargo were trapped in the Persian Gulf as of June 15. Read more at straitstimes.com. Read more at straitstimes.com.

Allianz SE warns the insurance industry faces major claims from Iran war damage to ships, with premiums spiking over 1,000% and 15,000 firms at insolvency

An estimated S$162 billion in vessels and cargo were trapped in the Persian Gulf as of June 15. Read more at straitstimes.com. Read more at straitstimes.com.